The number of mandatory primary accounting documents will be reduced in Belarus

March 16, Minsk /Corr. BELTA/. The number of mandatory primary accounting documents will be reduced in Belarus. The corresponding decree No. 114 "On some issues of the application of primary accounting documents" was signed by the head of state Alexander Lukashenko on March 15, BELTA was informed by the press service of the Belarusian leader. The document is adopted in order to implement certain measures of Directive of the President of Belarus of December 31, 2010 No. 4. The decree provides for a significant reduction in mandatory primary accounting documents, a decrease in the number of mandatory information in them, and the non-application of administrative responsibility for the absence and (or) indication of unreliable information that is not mandatory in these documents. The adoption of this decree will simplify accounting for business entities, increase its automation, liberalize entrepreneurial activity, improve the investment climate in the country, and enhance Belarus's position in the ranking of countries by ease of doing business. The decree comes into force on April 1, 2011. -0-